large scale image
LCP Image

Back to TSCFM News

Federal Bank partners with TANSIM to propel the start-up ecosystem

February 24, 2023

Federal Bank partners with TANSIM to propel the start-up ecosystem
Federal Bank, one of India’s leading banks, TANSIM, the Tamil Nadu Government’s startup initiative, and MindEscapes Innovation Center, Nilgiris, are collaborating to back start-ups in Tamil Nadu. The partnership aims to provide Tamil Nadu startups with loans and grants from Federal Bank, identified by TANSIM and pitched through sessions curated and run by MindEscapes Knowledge Partners, across various centres in the state.
 
This partnership offers startups a variety of resources and support to aid in their growth and success. The ultimate goal is to support the Tamil Nadu government’s vision of becoming a leading state for innovative startups across all sectors.
 
“We are ecstatic about joining forces with Federal Bank and MindEscapes® to support startups in Tamil Nadu,” stated Sivarajah Ramanathan, TANSIM’s CEO. “By providing access to capital and other essential resources, we can assist startups in taking their businesses to new heights and spur innovation in the state.”
 
“Our partnership with TANSIM represents our commitment towards young firms which are strengthening our economy and are creating employment opportunities. We are hopeful that this will give tailwind to more innovation in the country,” said Shyam Srinivasan, MD & CEO of Federal Bank.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp